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Asia

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Executive is moving to more senior role
India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
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  • Two South Korean banks, Woori and Busan, are preparing for investor meetings next week as they both line up bond issues.
  • Asia’s equity capital markets had a ghastly first quarter before making a slow turnaround, but market watchers are calling for more from the second half of the year. Safe bets such as real estate investment trusts are expected to be hot, while insulated regions such as south and southeast Asia are likely to be a growing source of business. Jonathan Breen reports.
  • I’m sad to say that the banking profession is not all the rage these days. Instead, keen young things are more interested in joining the next Google or Facebook and turning themselves into multi-millionaires overnight.
  • With the first institution officially through the door of the new China interbank bond market (CIBM) access scheme, market participants are now scrutinizing the CIBM rules and how they will play out. The outlook is positive but investors should beware the small print.
  • The list of Panda bonds set to launch in China’s exchange market has just gotten longer with a pair of Hong Kong-incorporated companies receiving approval by the Shanghai Stock Exchange.
  • The Asian debt market has followed up strongly on Bank of China’s successful $3bn green bond, with five deals launched on Thursday and more expected.
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